Location: Harrisburg-Carlisle, PA | Metro: Harrisburg-Carlisle, PA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $940 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,290 | $213,914 | 0.6% | D |
| 3BR | $1,660 | $278,020 | 0.6% | F |
| 4BR | $1,700 | $391,206 | 0.43% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 17065, Mount Holly Springs, PA, is set at $1110 for fiscal year 2024. This figure represents the payment standard for Section 8 housing vouchers, meaning that if you participate in the program, you will receive up to $1110 per month for each unit leased under the voucher program. However, it's important to note that this is not the amount tenants will pay; it's the maximum reimbursement you can receive from the government.
To put this into perspective, the average market rent for the area is currently $975, according to recent Census data. This indicates that the FMR is slightly higher than the typical rent in the area, which could be beneficial for landlords participating in the Section 8 program. It ensures that you receive a competitive rate for your property, even if the tenant pays only a portion of the total rent based on their income.
With 25.7% of the population being renters, there is a significant demand for affordable housing in Mount Holly Springs. This means that there is a good chance of finding tenants who qualify for the Section 8 program, making it a viable option for new landlords. The median home value in the area is approximately $283,041, which suggests that purchasing a property here could be a substantial investment, but the potential for steady rental income through Section 8 can help offset the initial costs.
Before deciding to enroll in the Section 8 program, verify that your property meets the minimum housing quality standards known as Housing Quality Standards (HQS). These standards ensure that the rental unit is safe and livable for tenants. Failure to meet these requirements could result in rejection from the program, so it's crucial to check that your property complies with all necessary regulations.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.